Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header
Share for a Cause









Home Business Expert: How To Set Your Goal – Short, Mid And Long

Written by: Nancy Jamison

Article Overview: Learning how to set your goal - short, mid and long has many advantages. The principal tool for motivation in any home business is goal setting, without which the whole thing may go haywire.

Free Download - Home Business Expert: Retiring At 38 - We Did It! By Nancy Jamison
Name: Email:

Home Business Expert: How To Set Your Goal – Short, Mid And Long

Now that you have established your own home business and have become your own boss, the world seems to be at peace with you. But to truly make your home business a roaring success, you need to know how to set your goal - short, mid and long.

Learning how to set your goal - short, mid and long has many advantages. The principal tool for motivation in any home business is goal setting, without which the whole thing may go haywire. This however may take some time and involve careful planning. Setting an abruptly high goal within a short span of time may lead to indubitable failure resulting in deep disappointment while a marginally set goal will not let you push forward. Workable, attainable goals set in reasonable time frames are ideal for people who own home based businesses. This is why you need to know how to set your goal - short, mid and long. In fact, your business can move forward in the right direction only when you know how to set your goal - short, mid and long.

How to set your goal – long term goals

Long term goals are those targets where you want to find yourself eventually in a few years time. Where you want to reach will obviously depend on the kind of ambition you have. If you are highly ambitious, you will want to set a high target that is difficult to achieve but not impossible. But on the other hand, if as a home business owner your priorities are to stay close to the family, you might want to work just enough so that you can sustain yourself. Take a look at where others are in the home business that you are doing and you will know how far the business can take you. Set your goals based on this.

How to set your goal – mid-term goals

This will depend on your long term goal. For example, if your long term goal is to earn 10 million dollars in 5 to 7 years from now, you need to set your goal to be at least somewhere near the 3 to 4 million mark in about 3 years time. Here is another example – if you are selling homemade cookies, you might want to have 100 customers a month in 2 years time. Set your midterm goal in such a way that you have 50 after a year.

How to set your goal – short term goal

This is probably the most important because your actual goal for the short term and what you do to achieve this will determine whether you will reach your mid-term or the long term goal or not. This is why setting the short term goal is so important. Break up your short term goals into even smaller units that may be for sessions or for days. For example, you can set a target for a day and decide that this is what you want to do today. But when you are doing this, be realistic.

Related Articles
  Setting Goals for your Home Based Business
  Work Jobs from Home Goal Setter or Goal Getter
  5 Ideas To Planning Online Home Business Goals
  Article Marketing Tips For Internet Home Based Businesses
  Internet Home Based Business article marketing tip's

Home > Home-Based-Business > Nancy Jamison > Home Business Expert How To Set Your Goal Short Mid And Long
Article Tags: 10 million, 3 years, ambition, attainable goals, boss, custome, disappointment, goal setting, home business owner, homemade cookies, long term goal, million dollars, motivation, principal tool, priorities, right direction, span of time, target, term goals, time frames

About the Author: Nancy Jamison
RSS for Nancy's articles - Visit Nancy's website

Currently residing in Atlanta, GA, Nancy and Bill Jamison have been married 9 incredible years. They have 2 brilliant children - Rex and Luke - that keep them grounded in the present moment and continuously teach them about the wonderment of life. Nancy is a successful Home Business Expert & Entrepreneur, the Co-Author of Hyper-Growth: How to Catapult the Growth of Any Small Business Using Proven M5 System, due out in Spring 2009 & the CO-Leader of a weekly International Mastermind Meeting. Nancy is an avid reader, gardener, world traveler and lifelong student of Personal Development. Together, Nancy & Bill share their love for God by volunteering at their Church and teaching Sunday school. To find out more about Nancy Jamison & to receive a FREE Business Strategy Call (value $400) & a FREE Audio of Marketing & Advertising Strategies with Nancy Jamison (value $250), visit http://LiveInProsperity.net. Follow Nancy & Bill on their inspiring journey through with their home business & their life on their Blog: http://LiveInProsperity.blogspot.com

Click here to visit Nancy's website
Dashed Line

Live In Prosperity
More from Nancy Jamison
Home Business Expert How To Advertise In Print Media
Home Business Expert Importance Of Consistency Persistence
Home Business Expert How To Advertise Innovative Fresh Ideas
Home Business Expert Importance Of Blogging
Home Business Expert Multiple Streams of Income


Related Forum Posts
Re: How do you budget your life? Re: How do you budget your life? - Here is my financial management categories for today: 15% Long Term Savings; 10% Home Expenses; 45% Business and Marketing charges; 10% Friends (Meeting); 20$ Scientific and Law Books. But this will change when it is August or September. Orxan
Re: What are your January Goals? Re: What are your January Goals? - Here's a quick update on mine: Goal #1: Hire New Writer = done - Post job description on oDesk - Set up trial job - Pick top candidate Goal #2: Follow up with Clients = done - Create and send quarterly report - Touch base with last year's clients - Follow up with 4 connectors Goal #3: PERSONAL = about 70% done on the month - Do something nice for my wife each week - Exercise 4 times per week - Daily stretch - want to touch my toes
Re: Service Or Product? Re: Service Or Product? - I agree with starting a Service-based Business in the economy. Here is what I think is critical: 1. Researching that your Service business has a market. 2. Marketing the Service with as much leverage as possible. 3. Product-izing the Service (aka Package Expert Knowledge). This will only help elevate you as "the" expert in your niche and make you accessible to people in different price points.
[Suggestion] Human Resources Forum - Thoughts? [Suggestion] Human Resources Forum - Thoughts? - I just noticed about 5 minutes ago that there is no forum for Human Resources discussion. It may not be a large part of startups that are sole proprietorships, or even partnerships, as most groups starting up a company know each other, their respective roles, and the company really well. But as companies expand and become more successful, HR becomes an increasingly large contributing factor to a Small Business' success. [size=130:3anbwuqp]Short version: Do you think an HR forum would be a worthwhile addition to the forums?[/size:3anbwuqp]
My entry My entry - 1. The Best Business Books Ever: The 100 Most Influential Business Books You'll Never Have Time to Read - this is a fascinating book about the history of Business theory, and I'd recommend it to anybody. 2. The Big Book of Small Business: You Don't Have to Run Your Business by the Seat of Your Pants, by Tom Gegax. Ditto. 3. PADI: The Business of Diving Book Okay, so this book won't be of use to anyone who doesn't want to start a scuba store, but I did, and this book was of course invaluable to me in reaching that goal.


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.



Featured Article


Bottom Footer
Share for a Cause












Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

The OLD Way of Advertising, May Not be so OLD

Emotional Energy is Our Engine

What is the bottom line to you?

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.